LE BRIEF

Zambia: new drilling confirms expansion potential at the Molefe copper mine

LE BRIEF • 2026-10-30

Jubilee Metals has identified potential extensions to mineralisation at Molefe. Current work covers around 400 hectares, with more than 12,200 additional exploration hectares to the east.

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LE BRIEF — Friday, 30 October 2026 edition By the LE BRIEF newsroom Country : Zambia Source publication : 29 October 2026 Event : Drilling results published on 29 October 2026 Supplied photograph: mineral processing installation. Illustration; it is not verified as the Molefe project or its drilling campaign. Provenance and reproduction rights must be validated before commercial use. Jubilee Metals Group has announced new exploration results from its Molefe copper project in Zambia. The second drilling phase identified potential extensions to mineralised zones, particularly east of the area currently being studied. The work aims to improve understanding of the geological continuity of copper-bearing formations and prepare the next stages of mine development. Preparing infrastructure and the next stages It is also intended to help determine the location of infrastructure needed for future operations, including processing units, access roads and material storage areas. According to Jubilee Metals, several intersections show encouraging characteristics, with mineralisation identified at relatively shallow depths in some areas. Chief executive Leon Coetzer said current work covers around 400 hectares. The company also has more than 12,200 additional hectares of exploration ground to the east. This area represents significant development potential but still requires extensive geol...